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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Cash flows from (used in) operating activities:    
Net income $ 88.3 $ 49.8
Less: Income from discontinued operations, net of tax 54.6 25.1
Income from continuing operations 33.7 24.7
Adjustments to reconcile income from continuing operations to net cash from (used in) operating activities:    
Special charges, net 1.4 1.3
Gain on change in fair value of equity security (7.4) (5.3)
Deferred and other income taxes 2.3 11.0
Depreciation and amortization 20.1 13.8
Pension and other employee benefits 3.0 3.6
Long-term incentive compensation 6.1 6.4
Other, net 3.2 1.8
Changes in operating assets and liabilities, net of effects from acquisitions:    
Accounts receivable and other assets 15.6 52.2
Inventories (6.0) (27.2)
Accounts payable, accrued expenses and other (31.1) (90.4)
Cash spending on restructuring actions (2.0) (1.8)
Net cash from (used in) continuing operations 38.9 (9.9)
Net cash from discontinued operations 40.0 36.2
Net cash from operating activities 78.9 26.3
Cash flows from (used in) investing activities:    
Proceeds from company-owned life insurance policies, net 3.9 1.1
Business acquisitions, net of cash acquired (81.9) 0.0
Capital expenditures (4.2) (8.3)
Net cash used in continuing operations (82.2) (7.2)
Net cash used in discontinued operations (1.2) (1.1)
Net cash used in investing activities (83.4) (8.3)
Cash flows from (used in) financing activities:    
Borrowings under senior credit facilities 102.0 178.7
Repayments under senior credit facilities (94.9) (88.7)
Borrowings under trade receivables financing arrangement 132.0 65.0
Repayments under trade receivables financing arrangement (134.0) (30.0)
Net repayments under other financing arrangements 0.0 (1.4)
Payment of contingent consideration 0.0 (1.5)
Minimum withholdings paid on behalf of employees for net share settlements, net of proceeds from the exercise of employee stock options (4.2) (2.3)
Net cash from continuing operations 0.9 119.8
Net cash used in discontinued operations 0.0 0.0
Net cash from financing activities 0.9 119.8
Change in cash and equivalents due to changes in foreign currency exchange rates 4.4 (2.3)
Net change in cash and equivalents 0.8 135.5
Consolidated cash and equivalents, beginning of period 68.3 54.7
Consolidated cash and equivalents, end of period $ 69.1 $ 190.2